Morris Motors just purchased some MACRS 5-year property at a cost of $216,000. Which one of the following will correctly give you the book value of this equipment at the end of year 2?

MACRS 5-year property Table
Year	Rate
1	20.00%
2	32.00%
3	19.20%
4	11.52%
5	11.52%
6	5.76%

Group of answer choices

$216,000 * (1 - 0.20 - 0.32)

$216,000/(1 + 0.20 + 0.32)

[$216,000 * (1 - 0.20)] * (1 - 0.32)

$216,000 * (0.20 + 0.32)